Cementos Molins (XMAD:CMO) Cyclically Adjusted PB Ratio: 2.58 (As of Jul. 29, 2026) — 190% Above Median

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XMAD:CMO Cementos Molins SA XMAD:CMO
58 GF Score
Price €42.40
GF Value €19.64
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Cementos Molins Cyclically Adjusted PB Ratio?

Cementos Molins XMAD:CMO 58 Cyclically Adjusted PB Ratio is 2.58 as of Jul. 29, 2026, which is 190% above its 10-year median of 0.89. GuruFocus rates XMAD:CMO with a GF Score™ of 58/100 and a GF Value™ of €19.64 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 319 Building Materials companies, Cementos Molins ranks worse than 78.37% on this metric.

As of today (2026-07-29), Cementos Molins's current share price is €42.40. Cementos Molins's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €16.41. Cementos Molins's Cyclically Adjusted PB Ratio for today is 2.58.

The historical rank and industry rank for Cementos Molins's Cyclically Adjusted PB Ratio or its related term are showing as below:

XMAD:CMO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.89   Max: 2.56
Current: 2.56

During the past 13 years, Cementos Molins's highest Cyclically Adjusted PB Ratio was 2.56. The lowest was 0.72. And the median was 0.89.

XMAD:CMO's Cyclically Adjusted PB Ratio is ranked worse than
78.37% of 319 companies
in the Building Materials industry
Industry Median: 0.99 vs XMAD:CMO: 2.56

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Cementos Molins's adjusted book value per share data of for the fiscal year that ended in Dec25 was €20.979. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €16.41 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cementos Molins  (XMAD:CMO) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Cementos Molins Cyclically Adjusted PB Ratio Related Terms


Cementos Molins Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cementos Molins's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cementos Molins Cyclically Adjusted PB Ratio Chart

Cementos Molins Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 1.38 1.28 1.70 1.91

Cementos Molins Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 0.00 1.70 0.00 1.91

XMAD:CMO vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Cementos Molins's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cementos Molins Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementos Molins's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cementos Molins's Cyclically Adjusted PB Ratio falls into.


XMAD:CMO
58GF Score
Cementos Molins SA XMAD:CMO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cementos Molins Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Cementos Molins's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.40/16.41
=2.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cementos Molins's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Cementos Molins's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=20.979/128.4000*128.4000
=20.979

Current CPI (Dec25) = 128.4000.

Cementos Molins Annual Data

Book Value per Share CPI Adj_Book
201612 9.929 101.842 12.518
201712 10.027 102.975 12.503
201812 11.342 104.193 13.977
201912 12.589 105.015 15.392
202012 12.655 104.456 15.556
202112 14.497 111.298 16.725
202212 16.136 117.650 17.610
202312 17.428 121.300 18.448
202412 19.779 124.753 20.357
202512 20.979 128.400 20.979

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 2.58 mean?
Cementos Molins (XMAD:CMO) has a Cyclically Adjusted PB Ratio of 2.58 as of Jul. 29, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Cementos Molins and its competitors. This is 190% above median its historical median of 0.89. Over the past decade, Cementos Molins' Cyclically Adjusted PB Ratio has ranged from 0.72 to 2.56. According to the industry distribution chart, Cementos Molins ranks #250 out of 319 companies in the Building Materials industry, placing it in the top 78.4%.
Is Cementos Molins' Cyclically Adjusted PB Ratio too high?
Cementos Molins' current Cyclically Adjusted PB Ratio of 2.58 is 190% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 2.56. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.99. Cementos Molins' value of 2.58 is 160.6% above this industry median. Based on the distribution chart, Cementos Molins ranks #250 out of 319 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Cementos Molins has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cementos Molins' Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Cementos Molins ranks #250 out of 319 companies for Cyclically Adjusted PB Ratio. This places Cementos Molins in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Cementos Molins' value of 2.58 is 160.6% above this benchmark. Historically, Cementos Molins' own Cyclically Adjusted PB Ratio has ranged from 0.72 to 2.56 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.99, Cementos Molins has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.99, based on 319 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cementos Molins's current Cyclically Adjusted PB Ratio of 2.58 is 160.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Cementos Molins and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cementos Molins's current Cyclically Adjusted PB Ratio is 2.58, which is 190% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cementos Molins stock overvalued right now?
Based on GuruFocus' analysis, Cementos Molins (XMAD:CMO) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.64, compared to a current price of €42.40 — trading 115.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.58, which is 190% above median its 10-year median of 0.89 and 160.6% above the Building Materials industry median of 0.99. Cementos Molins' overall GF Score™ is 58/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Cementos Molins (XMAD:CMO), the current Cyclically Adjusted PB Ratio is 2.58 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cementos Molins (XMAD:CMO) Overvalued in 2026?

Based on GuruFocus' analysis, Cementos Molins stock appears to be overvalued. The current stock price of €42.40 is trading 115.9% above its estimated GF Value™ of €19.64. GuruFocus considers Cementos Molins to be Significantly Overvalued.

Key valuation signals for XMAD:CMO:

  • Cyclically Adjusted PB Ratio: 2.58 (190% above median its 10-year median of 0.89)
  • GF Value™: €19.64 vs. price of €42.40 (115.9% above fair value)
  • GF Score™: 58/100 with 11 warning signs
  • Industry Position: 160.6% above the Building Materials median (#250 of 319)

No single metric tells the full story. See the XMAD:CMO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cementos Molins Business Description

Address Calle Espronceda 38, local 3, Madrid, ESP, 28003
Cementos Molins SA engages in the manufacturing and selling of gray cement and white cement used for various construction purposes in the civil engineering industry. The group's core business is to manufacture and market its products which include, cement, clinker, concrete, mortars, aggregates, and precast concrete. It caters to markets around the world which include Spain, Argentina, Uruguay, Mexico, Bangladesh, India, Tunisia, China, Bolivia, and Columbia. It generates the majority of its revenues from the sales of its products through in the foreign markets.
58GF Score

Get the complete analysis for XMAD:CMO

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€42.40
Price
€19.64
GF Value